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The 2021 Paycheck Protection Program Reboot : Loan Disbursement to Employer and Nonemployer Businesses in Minority Communities

Fairlie, Robert W.; Fossen, Frank M. - National Bureau of Economic Research - 2022

Was the $278 billion reboot of the $800 billion Paycheck Protection Program (PPP) in early 2021 disbursed equitably to minority communities? This paper provides the first analysis of how PPP funds were disbursed to minority communities in the third and final round of the program, which was...

Persistent link: https://www.econbiz.de/10012938701

Minority Student and Teaching Assistant Interactions in STEM

Oliver, Daniel; Fairlie, Robert W.; Millhauser, Glenn; … - National Bureau of Economic Research - 2021

Graduate student teaching assistants from underrepresented groups may provide salient role models and enhanced instruction to minority students in STEM fields. We explore minority student-TA interactions in an important course in the sciences and STEM - introductory chemistry labs - at a large...

Persistent link: https://www.econbiz.de/10012510597

The Impacts of COVID-19 on Minority Unemployment : First Evidence from April 2020 CPS Microdata

Fairlie, Robert W. - 2020

COVID-19 abruptly impacted the labor market with the unemployment rate jumping to 14.7 percent less than two months after state governments began adopting social distancing measures. Unemployment of this magnitude has not been seen since the Great Depression. This paper provides the first study...

Persistent link: https://www.econbiz.de/10012481829

Behind the GATE Experiment : Evidence on Effects of and Rationales for Subsidized Entrepreneurship Training

Fairlie, Robert W. - 2012

Various theories of market failures and targeting motivate the promotion of entrepreneurship training programs … throughout the world. Using data from the largest randomized control trial ever conducted on entrepreneurship training, we …

Persistent link: https://www.econbiz.de/10012460854

Horatio Alger Meets the Mobility Tables

Holtz-Eakin, Douglas - 2000

The question of how entrepreneurship relates to income mobility is cogent given the current public debate about the … sources of income inequality and mobility in United States society. We examine how experience with entrepreneurship has … distribution over time, and to see how their mobility (or lack thereof) was affected by involvement with entrepreneurship. Our main …

Persistent link: https://www.econbiz.de/10012471152

Management Ownership and Corporate Performance : An Empirical Analysis

Morck, Randall - 1986

We investigate the relation between management ownership and corporate performance, as measured by Tobin's Q. In a cross-section of Fortune 500 firms, Tobin's Q first increases and then declines as board of directors holdings rise. For older firms there is weak evidence that Q is lower when a...

Persistent link: https://www.econbiz.de/10012477014

Defining Opportunity versus Necessity Entrepreneurship : Two Components of Business Creation

Fairlie, Robert W. - 2019

components to entrepreneurship - "opportunity" and "necessity" - the latter of which is mostly counter-cyclical. Although there … is some agreement on the conceptual distinction between these two factors driving entrepreneurship, there is little … opportunity versus necessity entrepreneurship based on the entrepreneur's prior work status (i.e. based on previous unemployment …

Persistent link: https://www.econbiz.de/10012480322

Black and White : Access to Capital among Minority-Owned Startups

Fairlie, Robert W. - 2020

We use confidential and restricted-access data from the Kauffman Firm Survey and matched administrative data on credit scores to explore racial disparities in access to capital for new business ventures. The novel results on racial inequality in startup financing indicate that black-owned...

Persistent link: https://www.econbiz.de/10012482373

The Effect of Corporate Taxes on Investment and Entrepreneurship

Djankov, Simeon - 2008

We present new data on effective corporate income tax rates in 85 countries in 2004. The data come from a survey, conducted jointly with PricewaterhouseCoopers, of all taxes imposed on "the same" standardized mid-size domestic firm. In a cross-section of countries, our estimates of the effective...

Persistent link: https://www.econbiz.de/10012464891

Not-For-Profit Entrepreneurs

Glaeser, Edward L. - 1998

Entrepreneurs who start new firms may choose not-for-profit status as a means of committing to soft incentives. Such incentives protect donors, volunteers, consumers and employees from ex post expropriation of profits by the entrepreneur. We derive conditions under which completely...

Persistent link: https://www.econbiz.de/10012472003